Microsoft Corp, Chevron Texaco and 20 Stock and 3 ETF Top Picks (Mar 10-16)
Telus Corp, Nutrien Ltd. and 22 Stock and 2 ETF Top Picks (Archive From Mar 03-09)
This week were 22 Stock and 2 ETF Top Picks in a wide range of industries: Communications, Energy, Industrials, ETF, Financials, Basic Materials, Consumer and Healthcare.
Here are this week’s Top Picks as selected by: Michael O’Reilly, Billy Kawasaki, Greg Newman, Keith Richards, Andrew Pyle, Ross Healy and Javed Mirza.
It would be his top pick in the telco space. It has done some interesting things including investing in healthcare. Also it spun off Telus International. The CEO has been buying more shares.
Verizon Communications (VZ-N)
Utilities very well positioned with energy recovery.Valuable assets that are hard to replicate.Financial guidance very strong.Current share price not reflecting value.~4.5% dividend very strong - room for growth.Not much risk downside.
Keyera Corp (KEY-T)
One of the better stocks in the energy space. Relative strength is really accelerating. Energy's a big part of the TSX, so you always want to own some. Doesn't mind adding exposure, has the defensive dividend.
Cenovus Energy (CVE-T)
Energy shares on sale right now.Return of capital to shareholders strong business move.Economic slowdown will reduce oil prices.Would not invest in company.
Pipelines have been pulling back along with the oil price. Has owned this for many years. Pays a safe, attractive 7% dividend. 98% of cash flows are contracted. Very defensive, defensive in energy. Operates the longest crude oil pipeline in the world. (Analysts’ price target is $58.11)
Birchcliff Energy Ltd. (BIR-T)
Very cheap. Huge upside potential. CEO says he'll cut capex before he'll cut the dividend. Lovely yield of 9.26%. (Analysts’ price target is $12.17)
TC Energy (TRP-T)
They had inexcusable cost overruns on the Coastal Gas Link Pipeline. This is not a good time for this type of company with higher interest rates affecting the cost of borrowing. Don't buy a stock for the dividend - buy it for the growth in free cash flow.
TFI International Inc (TFII-T)
Nutrien Ltd. (NTR-T)
Stockchase Research Editor: Michael O’Reilly We reiterate NTR, the largest fertilizer producer in the world, as a TOP PICK. Global agriculture demand growth will aid this company. Recent reported earnings support a 31% ROE and the company trades at 8x earnings and 1.5x book value. We like that it is growing cash reserves while buying…
Since 1925, Caterpillar Inc. has been helping our customers build a better world - making sustainable progress possible and driving positive change on every continent. With 2019 sales and revenues of $53.8 billion, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives.…
West Fraser Timber (WFG-T)
Materials sector. Lumber has been in a sideways consolidation, so an entry here is timely. Add towards the bottom of the trading range. Housing market will pick up later this year or early next, and the lumber names should push higher. Relative strength starting to turn up. Yield is 1.55%. (Analysts’ price target is $139.44)
Stantec Inc (STN-T)
Making new highs, and there's nothing more bullish. Really positive. Yield is 0.97%. (Analysts’ price target is $87.10)
BMO EQL WGT GBL BASE METAL HEG CAD ETF (ZMT-T)
iShares DEX All Govt Bond ETF (XGB-T)
Very simple, direct route to playing bonds VGB holds more than 50% in federal bonds and the rest provincials. It pays a dividend yield of 2.8%, but much higher than 12 months ago. Yields are up. If the economy enter recession, government bonds will give you capital appreciation. Warning: if inflation sees a resurgence, bonds…
Does not know what the business does - despite stock recommendation. Investment based on technical analysis. Very strong resistant point.Likes the look of chart. If stock breaks neck line - will sell.
Power Corp (POW-T)
(A Top Pick Feb 17/22, Down 5%) Lots of potential, good balance sheet. Nice dividend. FMV is excellent. Needs a catalyst. Yield is 5.3%.
National Bank of Canada (NA-T)
Can't go wrong with Canadian banks. Powerful, compelling chart. Breaking out to new highs. In the face of talk of a recession, that's really positive. Market's seeing some really positive things. Yield is 3.76%. (Analysts’ price target is $107.04)
Clairvest Group Inc (CVG-T)
Stockchase Research Editor: Michael O’Reilly CVG is a low market beta Canadian based private equity firm with over $3.3 billion invested in various small commercial operations. It boasts a 24% ROE and trades at 5x earnings. Cash reserves are growing while they buy back shares. They just made another acquisition into a US dental practice…
🛢 Basic Materials
Teck Resources Ltd. (B) (TECK.B-T)
Does not own shares in the company.Lots of people wondering why company splitting out assets.Highly cyclical company that looks for commodities.Better to invest at bottom of market.
World Wrestling Entertainment (WWE-N)
WWE, a publicly traded company, is an integrated media organization and recognized leader in global entertainment. The Company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family friendly entertainment on its television programming, pay-per-view, digital media and publishing platforms.…
Home Depot (HD-N)
Wonderful future, loves its model. Trades at a premium to the market and to LOW. Today, he'd choose LOW.
Reitmans Canada (RET-X)
Cullinan Oncology, Inc. (CGEM-Q)
Stockchase Research Editor: Michael O’Reilly CGEM is a unique pharmaceutical company that collaborates with other developers and academia to develop drugs to help cancer patients. It has six on-going products in its pipeline. It trades below book value, at 6x earnings, and supports a 19% ROE. We like that it is low beta compared to…
Use this list wisely to identify buying opportunities.
Happy trading !!!